09
Apr

Zhoushan-Singapore delivered LSFO spread widens to over three-month high

The price differential of Zhoushan- and Shanghai-delivered low sulfur fuel oil versus the same grade delivered to Singapore widened to $14/mt on April 7, marking a more than three-month high, due to tighter barging availability at the Chinese ports. The spread between the Asian ports flipped to a $2/mt premium on April 4, after largely …